Several large banks took subordinate positions in collateralized loan obligations on the secondary market in recent weeks, countering a trend in which...Read more.
In a rare and potentially damaging move, Premium Point Investments is restating the performance of its flagship hedge fund and suspending redemptions until...Read more.
AT&T, Sprint, T-Mobile and Verizon have encountered some delays as they attempt to assemble their first asset-backed bond deals.Read more.
A routine securitization program is in the works for Quicken Loans’ new online personal-loan affiliate.Read more.
SolarCity has called off a $350 million securitization of solar-panel leases, and instead is attempting to sell some of the underlying receivables.Read more.
Morgan Stanley and Prosper Marketplace are developing a new funding mechanism that could reduce the need for securitizations of marketplace loans.Read more.
Securitizations of so-called landlord loans are regaining momentum.Read more.
BlackRock is developing a U.K. mortgage program that would rely heavily on sales of dollar-denominated bonds as a long-term funding mechanism.Read more.
Responding to strong investor demand for its personal-loan securities, OneMain Financial is accelerating its issuance schedule.Read more.
Hildene Capital’s collateralized loan obligation management business is for sale.Read more.
Assured Guaranty has purchased some of the senior notes from one of Patriarch Partners’ troubled collateralized loan obligations, adding yet another...Read more.